The Fair Share Report
1 Dodd St
Montclair, NJ 07042
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $633,601 – $1,047,873, from 12 comparable Montclair sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Montclair assessments sit below market value — republished every October, applied town-wide. A $788,760 home should be assessed near $443,756.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,344 above what the ratio math suggests (7.7%).
Step 4 · The tax rate — same for every Montclair home
$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%
Step 5 · The bill
This home vs. every recent Montclair sale · assessed ÷ market
33%81%
Paying about right
This home's ratio lands inside Montclair's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 38 MONTAGUE PLACE | 2025-10 | $955,000 | 1,564 | 41.9% |
| 53 MISSION STREET | 2025-01 | $647,000 | 1,582 | 38.3% |
| 68 CHESTNUT STREET | 2026-04 | $600,000 | 1,553 | 52.1% |
| 34 MONTCLAIR AVENUE | 2026-04 | $1,130,000 | 1,654 | 39.2% |
| 63 GREENWOOD AVENUE | 2026-01 | $840,000 | 1,845 | 39.9% |
| 287 ORANGE ROAD | 2025-12 | $650,000 | 1,702 | 60.8% |
| 62 MONTAGUE PLACE | 2025-12 | $875,000 | 1,551 | 62.3% |
| 57 UNION STREET C4051 | 2026-02 | $750,000 | 1,548 | 60.6% |
| 41 FOREST STREET | 2025-06 | $899,200 | 1,938 | 40.3% |
| 24 WILLIAM STREET | 2025-01 | $585,000 | 1,272 | 47.6% |
| 38 WILLOWDALE AVENUE | 2025-07 | $925,000 | 1,452 | 36.3% |
| 210 VALLEY ROAD | 2025-11 | $1,250,000 | 1,740 | 43.0% |
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